Implementing monetary policy: reforms to the Bank of England's operations in the monetary market

Authors :: Clews, Roger
Source :: Bank of England Quarterly Bulletin. Summer, 2005, Vol. 45 Issue 2, p211, 10 p.
Publication Year :: 2005
Abstract: Bank of England (BOE) is overhauling its present system of implementation of monetary policy. The salient aspects of these reforms are discussed. Presently, BOE implements the interest rate decisions of its Monetary Policy Committee in its money market operations without compromising on the liquidity needs of the banking system, thereby ensuring stability of the system.

Subjects :: United Kingdom. Bank of England -- Management
Economic stabilization -- Management
Interest rates -- Management
Monetary policy -- Management
Company business management
Banking, finance and accounting industries
Business
Business, international

Tools